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Home Flipping Activity Down in Q2

Home Flipping Activity Down in Q2

by Phil Hall | Sep 19, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 79,540 single-family homes and condominiums were flipped in the second quarter, according to new data from ATTOM. This represented 7.5%, or one of every 13 home sales. The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in...
Foreclosure Activity Dropped in August

Foreclosure Activity Dropped in August

by Phil Hall | Sep 12, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 30,227 residential properties had foreclosure filings in August, according to new data from ATTOM. This is down 5.3% from July and down 11% from August 2023. Nationwide, one in every 4,662 housing units had a foreclosure filing last month. The states with...
The Most At-Risk Housing Markets Are In…

The Most At-Risk Housing Markets Are In…

by Phil Hall | Sep 5, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Second quarter data released by ATTOM has determined that California, New Jersey and Illinois continue to have the highest concentrations of at-risk housing markets. The second quarter patterns – derived from gaps in home affordability, underwater mortgages,...
Home Mortgage Lending Records Q2 Rebound

Home Mortgage Lending Records Q2 Rebound

by Phil Hall | Aug 29, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.62 million residential mortgages were issued during the second quarter, according to new data from ATTOM. This represents a 23.2% increase from the first quarter but a 1.6% drop from the second quarter of 2023. Purchase loan activity was up by 32.7%...
Zombie Foreclosure Rate Sinks in Q3

Zombie Foreclosure Rate Sinks in Q3

by Phil Hall | Aug 22, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Approximately 1.4 million residential properties were vacant during the third quarter, according to new data from ATTOM. That figure represents 1.3%, or one in 76 homes, across the nation – roughly the same as in the second quarter of this year. ATTOM also reported...
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